The Bank of Mongolia is ready to present the monetary policy guidelines for 2016 to Parliament. These included the plan to keep inflation at 7% in the next year. This year’s inflation level has been 6.6%. Even though, the level

The Parliamentary Administration media bureau informs that: On 1st October, Finance Minister B.Bolor handed several draft bills to the Speaker of Parliament, Z.Enkhbold. These projects include the “Mongolian State Budget for 2016”, the “Budget for the Human Development Fund –

The Anti Corruption Authority (ACA) has started another investigation to check the ex-Chairman of the Mongolian People’s Revolutionary Party (MPRP). This means that until it is completed, Mr.N.Enkhbayar is forbidden to cross Mongolian border. Currently, the reasons for the investigation

The 2nd October is a day on which S.Zorig, one of the leaders of the Mongolian Democratic Revolution and a notable politician is remembered. It was on this day 17 years ago that S.Zorig, the then Minister of Infrastructure, was

In accordance with the decision of the shareholders and board members of the “Mongolian Stock Market & State Property Shareholding Company” (MSM), Mr. M.Bolor has been appointed as the acting executive director of the MSM, thereby replacing Mr. D.Angar.

M.Bolor has

The Mongolian Parliament approved the “City Tax Law” at a meeting on 19th June 2015; this law comes into force from today, 1st October. Under this new law, people will to pay a 1% tax, when being served in such

The Trading and Development Bank (TDB) of Mongolia has again exchanged USD 500 million Government guaranteed bonds on the international market. The revenue from the issue of the bonds will come to Mongolia in the near future. This exchange was

The new draft of the “State Budget Law”, which has been presented by the Finance Minister and is being accepted by the Government, includes cutting the number of deputy ministers. Also, according to the draft bill, some Governmental agencies will

During the first eight months of 2015, Mongolia extracted:

15.2 million tons of coal

7.2 tons of gold

766,900 tons of petroleum.

Mongolia also has produced:

145,800 tons of fluoride concentrate

820,300 tons of copper ore

3.7 million tons of iron ore

61,100 tons of zinc concentrates.

And Mongolia

During the Executive Council at the Mongolian People’s Revolutionary Party (MPRP), the decision to appoint A.Alaubek as a Deputy Minister was made. His profession is that of a teacher of mathematics. During his career, he has worked at the Mongolian